Skip to main content


  • AddRemove
  • Build a Report 
News Releases

Mayer, Brown, Rowe & Maw advises W S Atkins plc on the disposal of its UK-based property agency Lambert Smith Hampton

29 June 2007
Mayer, Brown, Rowe & Maw LLP
29 June 2007 - Mayer, Brown, Rowe & Maw LLP's London corporate group has advised W S Atkins plc on the disposal of its UK-based property agency business, Lambert Smith Hampton (LSH), to De Facto 1498 Limited. Completion is subject to regulatory approval being obtained. The initial consideration, based on an enterprise value of £46.5 million, has been satisfied partly in cash and partly by the issue of a vendor loan note.

An additional amount of up to £10 million will be payable (in the form of an additional loan note with similar terms to the original loan note) depending on the financial performance of LSH in the year ending 31 March 2008.

De Facto 1498 Limited is a company backed by LSH Management and Bank of Scotland Integrated Finance (BoSIF). W S Atkins is a leading multi-disciplinary consultancy group. This sale furthers Atkins' strategy of focusing on core activities and provides funds for future investment.

London corporate partner Richard Page led the Mayer, Brown, Rowe & Maw team assisted by corporate assistant Gabriel Olearnik.

BoSIF was advised by Travers Smith.

Berwin Leighton Paisner and Wedlake Bell advised the management.


For further information:
Richard Page
Partner, London
+44 (0)20 7782 8787

Charlotte Ward
PR Manager, London
+44 20 7782 8547

The Build a Report feature requires the use of cookies to function properly.  Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently.  If you do not accept cookies, this function will not work.  For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.